MA PRIETO, Isabel <br/><br/>
Assessing the Impact of Learning Capability on Business Performance :  empirical evidence from Spain 

 - Thousand Oaks, CA :  Sage Publications,  December 2006 
<br/><br/> It is widely recognized that the development of learning capability is key to achieve a durable competitive advantage. However, the analysis of the relevance of learning   capability to improve business performance and, thus, the organizational competence has been insufficiently developed in literature. Based on data from 111 Spanish   companies, this article explores the link between learning capability and the improvement of business performance by comparing how the main dimensions of learning  capability—stocks of knowledge and flows of learning—impact on performance, in terms of both non-financial and financial performance. The results  show that those organizations with the highest levels in their knowledge stocks and learning flows obtain a superior performance